John Healey to end standing charges on gas bills for 23m homes

On budget day chancellor says he will ask Ofgem to remove ‘unfair and outdated’ fixed daily fee in 2027 or soon after Business live – latest updates What to expect from the budget: who wins, who pays?

John Healey is abolishing standing charges on gas bills for 23m homes in a move he says will end an “unfair and outdated” practice and save two-thirds of households an average of £45 a year. Ahead of his first budget statement in the Commons later on Wednesday, the…